- The key vendors in the Global Home Entertainment Market 2014-2018 are Amazon.com Inc., Comcast Corp., DIRECTV, Dish Network Corp., Hulu LLC, Moser Baer India Ltd., Netflix Inc. and Sony Corp.
London, 15 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Home Entertainment Market 2014-2018. Increasing online sales of DVDs and BDs is one of the major trends emerging in this market. The popularity of e-commerce has made shopping for DVDs and BDs easy, thereby driving the market growth. Furthermore, advances in technology are causing the prices of BDs to fall continuously, making them affordable for consumers. Moreover, the increasing penetration of HDTVs is driving the demand for BDs. The overall market is expected to grow at a CAGR of 3.94 percent during the forecast period of 2013-2018.
“Consumers are increasingly shifting from owning discs to VOD streaming services. Streaming services are available on a variety of devices such as PCs, tablets, smartphones, and other electronic devices,” says Faisal Ghaus, Vice President of TechNavio Research.
“Streaming services have made it easier for consumers to watch movies on the internet at a much lower price than buying a DVD or BD.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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